PGM of Texas: The Catalytic Converter Recycling Specialist

Allen Hickman, CEO & JR Willis, COO, PGM of TexasAllen Hickman, CEO & JR Willis, COO
Since its early days, catalytic converters have been an integral component of the American automotive industry. However, due to the platinum group metals (PGMs) used in their construction they are not cheap. Extracting these metals from used catalytic converters will undoubtedly create a sustainable supply chain and reduce the environmental impact of mining. That's where PGM of Texas excels. As a catalytic converter recycling expert, the company specializes in extracting PGMs from used catalytic converters while reducing the need to mine precious metals.

Being one of the largest and oldest providers of catalytic converter recycling technologies and services in the U.S., PGM of Texas recycles precious metals from automotive ceramic and metallic catalytic converters, DPFs, industrial stationary elements, petroleum catalysts, and oxygen sensors. The company's recycling facilities house industry-best resources and equipment that empower them to deliver error-free operations and unrivalled value for clients' catalytic converter scrap. "We're always committed to ethically sourcing our raw materials and extracting the precious metals, including peroxide fusion technique for sample preparation of its ICPOES operations. Such state-of-the-art capabilities and hightech processes enable them to foster a zero-waste operation and recover nearly 100 percent of PGMs from the waste stream.

Delivering Quality Customer Service through Experience
What separates PGM of Texas from the competition is its ability to tailor-fit its services based on the clients' varying needs. The company purchases catalytic converters from its suppliers or partners—salvage or automotive recycling yards collecting scrap and end-of-life vehicles—or collectors. It then works with suppliers to learn about their requirements and offer the best total returns on precious metals. To do this, the company follows a unique customer-centric service model that encompasses a 'buying by the piece' approach or toll refining.

By evaluating clients' precious metal possessions based on their extensive database, PGM of Texas offers same day payment under its most convenient buying by-the-piece approach. For suppliers with larger quantities, PGM of Texas leverages toll refining, a sophisticated assay-based, inductively coupled plasma optical emission spectrometry platinum, palladium, and rhodium, at our state-of-the-art processing facilities," says Allen Hickman, the CEO of PGM of Texas.

Turning the Legacy to Expertise
Established in 2010 at Dripping Springs, Texas, PGM of Texas' strategic metal recycling history traces back to 1999, when Hickman started his first business that focused on catalytic converter recycling. The company soon gained a strong reputation in the metal recycling industry due to his longstanding experience, strong entrepreneurial skills, and commitment to customer success.

Having moved its headquarters to a 100,000 square foot warehouse and office space in San Marcos, Texas, in 2020, PGM of Texas acquired two industry-leading metal recycling organizations—Legend Smelting and Recycling and Maryland Core Inc.—in 2021.
Through the right combination of organic growth and acquisition, the company today has its market presence in 24 locations across 14 states in the U.S., with more than 300 highly skilled employees. The facilities house four ceramic auto catalyst sampling lines, foil and O2 sensor sampling lines, fifty hydraulic shears, and two wet chemical laboratories that utilize an innovative sodium peroxide fusion technique for sample preparation of its ICPOES operations. Such state-of-the-art capabilities and hightech processes enable them to foster a zero-waste operation and recover nearly 100 percent of PGMs from the waste stream.

Delivering Quality Customer Service through Experience
What separates PGM of Texas from the competition is its ability to tailor-fit its services based on the clients' varying needs. The company purchases catalytic converters from its suppliers or partners—salvage or automotive recycling yards collecting scrap and end-of-life vehicles—or collectors. It then works with suppliers to learn about their requirements and offer the best total returns on precious metals. To do this, the company follows a unique customer-centric service model that encompasses a 'buying by the piece' approach or toll refining.



By evaluating clients' precious metal possessions based on their extensive database, PGM of Texas offers same day payment under its most convenient buying by-the-piece approach. For suppliers with larger quantities, PGM of Texas leverages toll refining, a sophisticated assay-based, inductively coupled plasma optical emission spectrometry (ICP-OES) analysis process. Here, the material collected goes through decanning, sampling, and assaying to ascertain the customers' final payment, which takes around 21 days.

We believe that we can succeed only when our suppliers succeed; so we treat them as our partners and share our knowledge to help make them more profitable


Having a highly collaborative business model enables PGM of Texas to ensure better transparency throughout the engagement, making it the go-to partner for a wide range of suppliers, collectors, and organizations. "We believe that we can succeed only when our suppliers succeed; so we treat them as our partners and share our knowledge to help make them more profitable," mentions Hickman.

Embracing a Customer-First Approach
In the metal recycling industry, access to the right data, especially the market price of PGMs, is a huge concern for suppliers. To that end, PGM of Texas offers a novel, industryleading app that provides real-time pricing information. The company constantly updates the database with the latest converter content data painstakingly gathered by the chemists and technicians at one of their labs. The solution is freely available to all partners in the field. They can make informed decisions by leveraging the real-time pricing information based on current metal market values and the company's constantly updated testing data.
Not just that, the fully customizable app can be assigned to their employees and customers with an option to set margins for their suppliers.

PGM of Texas provides real-time support, exceptional customer service, and meaningful information to clients when needed, helping them gain a competitive edge in their marketplace. The robust services and keen attention to customer engagement have helped the company gain a broad customer base. In one instance, PGM of Texas collaborated with a customer who was a small collector of catalytic converters. The team soon learned the client's needs upon onboarding and worked with them to offer industry-best services. Through PGM of Texas' detailed catalogs, in-house training, telephone support, and testing services combined with its app and financing support, the client has grown into a full-fledged business. With three gathering points across the country, the client is one of its top five suppliers today.
  • We're always committed to ethically sourcing our raw materials and extracting the precious metals, including platinum, palladium, and rhodium, at our state-of-theart processing facilities


Innovating the Future of Recycling
Behind PGM of Texas' immense success lies its unrivalled in-house capabilities and a dedicated management team that consists of industry veterans and experts. The company's affiliation with several leading organizations, including the Institute of Scrap Recycling Industries (ISRI), the International Precious Metals Institute (IPMI), the Automotive Recyclers Association (ARA), the Florida Auto Dismantlers & Recyclers Association (FADRA), and the Texas Automotive Recyclers Association (TARA) also adds to the advantage. PGM of Texas leverages these partnerships to follow its commitment to improving the metal recycling industry.



Going forward, PGM of Texas has an innovation-focused agenda. As the world moves toward a greener future, the company is preparing itself and molding its business operations to adapt to the changing tide. They are also looking forward to recycling hybrid and electric vehicle batteries and other electronic scrap by applying the same high-tech, zero-waste mindset. "We are so excited to bring our dedication to technical excellence and transparent supplier relationships to the fastgrowing hybrid and electric vehicle markets," concludes Hickman.
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Top 10 Metal Recycling Companies - 2022
PGM of Texas

Company
PGM of Texas

Headquarters
San Marcos, TX

Management
Allen Hickman, CEO & JR Willis, COO

Description
PGM of Texas is a catalytic converter recycling expert that specializes in extracting PGMs from used catalytic converters while reducing the need to mine precious metals. Being one of the largest and oldest providers of catalytic converter recycling technologies and services in the U.S., the company recycles precious metals from automotive ceramic and metallic catalytic converters, DPFs, industrial stationary elements, petroleum catalysts, and oxygen sensors. Its recycling facilities house industry-best resources and equipment that empower them to deliver error-free operations and unrivalled value for clients' catalytic converter scrap.